$BTC Breaks $100K – Bullish Breakout Confirmed

BTC has successfully broken above the $100K psychological barrier and is trading near $104K. A bullish breakout from consolidation with strong volume and structure shift signals momentum continuation.

🔸 Key Support Zone at $100,000

The previous resistance at $100K has flipped into solid support. As long as BTC holds this level, the bullish structure remains intact. Liquidity also rests around $90K for deeper pullbacks.

🔸 Upside Target: $110K – $120K

Next immediate resistance is $110K. If BTC closes above this, a continuation toward $115K and $120K is expected. Strong institutional buying and ETF accumulation support the move.

🔸 Risk Level at $99K

If price falls below $99K, expect a possible sweep to the $90K zone to grab liquidity. A failure to reclaim $100K after that would weaken the bullish outlook.

🔸 Outlook:

Monitor for price stability above $100K. Long positions remain valid above $99K. Consider placing limit buys around $90K in case of volatility from macro events like the Moody’s downgrade.

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